HighNegative
Announced Wed, 24 Jun · 08:05 IST

Stock market today:Gift Nifty hints muted start;US tech stocks sell-off, Kospi rebounds to oil prices - 8 stocks to buy

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian markets are likely to open on a subdued note, tracking a sharp selloff in US technology stocks and concerns over a hawkish US Federal Reserve. On Tuesday, the BSE Sensex plunged 893.39 points (1.16%) to 76,200.68 and the Nifty 50 dropped 278.80 points (1.16%) to 23,824.10. Sentiment received partial support from US Senate moves to end military involvement in Iran, easing crude oil prices to around $72-73 per barrel, and reports that India and the US are very close to finalising a historic trade pact. Gift Nifty was trading around 23,861.5, indicating a modest premium of about 9 points over the previous close of 23,852.50.